YAHSAT APPOINTS FARHAD KHAN AS CHIEF COMMERCIAL OFFICER

Abu Dhabi, United Arab Emirates, 26 October 2016:– Al Yah Satellite Communications Company (Yahsat), a private joint stock company fully owned by Mubadala, has appointed Farhad Khan as its Chief Commercial Officer (CCO). Farhad will assume the position and will be responsible for the overall customer operations, marketing and sales management activities of Yahsat.

Commenting on the executive appointment Masood M. Sharif Mahmood, Chief Executive Officer said: ‘’After careful selection, we are pleased to have found the best individual for the job. Farhad has a proven record in the telecommunications industry combined with strong leadership skills and deep industry knowledge. I wish Farhad every success in his new role and have full confidence that with his leadership we will continue our growth trajectory.’’

Farhad Khan, newly appointed Chief Commercial Officer, Yahsat said: ‘’I am delighted to be joining Yahsat at such an exciting time. Yahsat’s achievements in less than five years of operations, with the launch of two satellites and serving many communities across the Middle East, Africa, Central and South West Asia, has been nothing short of remarkable. During this next critical growth phase I will concentrate on establishing new partnerships, work on the launch of Yahsat’s third satellite Al Yah 3 and drive the business as we enter more than 20 additional markets.’’

Farhad brings with him a wealth of experience in commercial and business turnaround strategy. He is a seasoned veteran in the telecommunications industry, having worked across Africa and Asia, bringing more than 25 years of experience in leadership roles to Yahsat. He has multi-functional experience across business development, marketing and strategic planning.

YAHSAT APPOINTS MONA AL MUHAIRI AS CHIEF HUMAN CAPITAL OFFICER

Abu Dhabi, United Arab Emirates, 11 October 2016:– Al Yah Satellite Communications Company PrJSC (Yahsat), the UAE-based satellite operator which is fully owned by Mubadala, has appointed Mona Al Muhairi as Chief Human Capital Officer. Mona has more than 20 years of human capital experience and she has been promoted to the role having previously held the position of Executive Director – Human Capital at Yahsat since 2007. Currently Mona is in charge of performance management, career growth, team development and Emiratization, and is responsible for ensuring that the human capital initiatives support Yahsat’s overall strategic objectives.

Commenting on this latest executive appointment, Yahsat Chief Executive Officer, Masood M Sharif Mahmood said: “Mona has played a key role in developing what is Yahsat’s strongest asset – our human capital. Under her guidance and direction Yahsat has achieved an impressive workforce nationalisation with over 62% UAE Nationals.”

Currently Al Yah 3, Yahsat’s third satellite, is in the final production stage at the satellite manufacture Orbital ATK in the United States. As part of its building process, Yahsat has introduced a global program for the development of its engineers. The program allows a select group of Emirati engineers to participate in the end-to-end satellite manufacturing process to launch Al Yah 3. Furthermore, Yahsat, Masdar Institute and Orbital ATK have initiated a Masters programme in Space Systems and Engineering.

Mahmood added: “I wish Mona my congratulations on her new role that has been earned through dedication and hard work. We have confidence that her efforts will go from strength to strength in building our organisation by overseeing Yahsat’s human capital assets”

Part of Mona’s new responsibilities will be supporting Yahsat’s overall growth, forming the company’s strategic human capital objectives, creating and developing Emiratization initiatives plans, upgrading the human capital practices in addition to leading and planning the national capacity building operations. Furthermore, she will ensure preparedness for strong UAE national cadres, creating a work environment that promotes effective communication and productive cooperation. Ultimately a legacy will be developed that will positively contribute to the UAE’s future development, and establish a strong network of knowledge transfer.